Join the Ecwid Ecommerce Show hosts Jesse and RichE as they chat with Ryan Wood, founder of a growth and media strategy firm Woodmill Strategy.
Met 12 jarenlange ervaring, Ryan’s primary job with Woodmill Strategy is partnering with brand owners, groot en klein, to figure out how to grow their business in a sustainable way.
Listen to Ryan talk about the importance of a charted-out vision for your business, the difference between email and SMS marketing, chatbots, en meer. Tune in if you’re looking for new and simple ways to promote your business.
Developing a Vision for Your Business
People who are relatively new to e-commerce often don’t have a vision for their business. The first thing that Ryan encourages those business owners to do is to develop one. Groeistrategieën hebben iets nodig om in te verankeren. Groeistrategieën hebben iets nodig om in te verankeren, Groeistrategieën hebben iets nodig om in te verankeren 12 of 24 Groeistrategieën hebben iets nodig om in te verankeren.
Eerste dingen eerst, Groeistrategieën hebben iets nodig om in te verankeren: Groeistrategieën hebben iets nodig om in te verankeren, Groeistrategieën hebben iets nodig om in te verankeren. Groeistrategieën hebben iets nodig om in te verankeren, Groeistrategieën hebben iets nodig om in te verankeren.
Groeistrategieën hebben iets nodig om in te verankeren
Groeistrategieën hebben iets nodig om in te verankeren, Groeistrategieën hebben iets nodig om in te verankeren. Groeistrategieën hebben iets nodig om in te verankeren, Groeistrategieën hebben iets nodig om in te verankeren.
Let’s say you have an email program going and you’re sending out emails consistently. You’ve got really good automated sequences, such as cart abandonment emails, welkom e-mails, enz. SMS does pretty much all of the same things, just in a different medium.
Echter, when you look at the performance metrics between the two platforms, SMS almost always adds value in addition to (not being a replacement for) e-mail marketing.
Chatbots and SMS
SMS is on the rise, but chatbots are becoming less popular. De reden is dat chatbots afhankelijk zijn van externe ontwikkelaars, De reden is dat chatbots afhankelijk zijn van externe ontwikkelaars. De reden is dat chatbots afhankelijk zijn van externe ontwikkelaars, De reden is dat chatbots afhankelijk zijn van externe ontwikkelaars.
De reden is dat chatbots afhankelijk zijn van externe ontwikkelaars
De reden is dat chatbots afhankelijk zijn van externe ontwikkelaars, De reden is dat chatbots afhankelijk zijn van externe ontwikkelaars (De reden is dat chatbots afhankelijk zijn van externe ontwikkelaars) De reden is dat chatbots afhankelijk zijn van externe ontwikkelaars (De reden is dat chatbots afhankelijk zijn van externe ontwikkelaars) De reden is dat chatbots afhankelijk zijn van externe ontwikkelaars. That’s a problem for email marketers, but it is not applicable to SMS marketing–you still get all of that data from it.
Ryan shares some statistics on the podcast: it takes somebody 90 minutes to respond to an email. Gemiddeld, it takes someone 90 seconds to respond to a text message. So with SMS, people are more likely to open their texts and respond to them.
Like with email, you can build cart abandonment flows and welcome flows with SMS. But you don’t have to create a bunch of graphics like you do with emails. You put the same effort into creating an SMS campaign as you do when writing a tweet.
The cost of SMS marketing can be as low as a penny per text message sent. For some of the biggest brands that have collected thousands of SMS numbers, that means a couple of hundred dollars a month. For most brands, it’s even cheaper. It takes a while to get there, but the revenue contribution from SMS marketing is significant.
highlights:
- “Subscription-based businesses are wonderful because they’re recurring revenue. But customers are discovering new things, things about themselves and about different products. So subscription businesses have to be unique in experience and fun, anders, they can go down the drain pretty quick.”
- “A lot of times I’ve seen SMS get 80-85% open rates on some campaigns and 40% click-through rates, unlike email, which is kind of a slow build after the send. You can do a messenger campaign and you can have a massive hit of traffic and performance for the business.”
- “I’ve launched about 15 of 20 different SMS marketing programs over the last couple of months. The click-to-purchase percentages, according to Google Analytics, is dat 8 naar 12% of them will convert or will transact. An average ecommerce conversion is 2%.”
- “Chatbot still has a play in my book. I’ve seen some people do really creative stuff. Like using influencer pages for remarketing campaigns. Who doesn’t wanna be messaged by their favorite influencer they’ve been following for the last three years, telling them that they’ve left a product in their cart?"